(b) Now suppose that a new study reveals that the work has previously unknown harmful health effects...

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(b) Now suppose that a new study reveals that the work has previously unknown harmful health effects to the extent that each worker now requires a compensating differential of $10 in order to work in the industry. Find the new equation for the labor supply curve.

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Managerial Economics

ISBN: 9780415272889

1st Edition

Authors: Tim Fisher , Robert Waschik

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